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Glossary   >   G   >   "Golden parachute" Definition            Golden parachute Compensation paid to top-level management by a target firm if a takeover occurs. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Golden parachute - Compensation paid to top-level management by a target firm if a takeover occurs.